Reddit Prices Shares , at $34 in IPO.br Reddit will go public on March 21 and has priced br its IPO at $34 a share, Yahoo Finance reports.br That is about a $6.4 billion valuation.br A social media company hasn't gone br public since Pinterest in 2019.br Reddit gained increased recognition br amid the meme stock craze of 2021.br Reddit had 500 million site visitors in 2023.br Its revenue increased 20 br from 2022 to $804 million.br According to an S-1 filing, Reddit said that its "content is particularly important" for the world of artificial intelligence.br We are exploring business br opportunities in licensing data br for purposes including machine br learning, business analysis, display br and training generative AI models, Reddit, via S-1 filing.br 1.76 million shares have been set aside for eligible Reddit users and moderators. .br Headline venture partner Kamran Ansar br said the decision lends itself to volatility. .br You may see a big run up in br the stock price and a drop, Headline venture partner Kamran Ansar, via statement.